The Fair Share Report

43 Symphony Ave

Berkeley, NJ 08721

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $404,936

Likely range $381,866 – $448,066, from 12 comparable Berkeley sales in the past 18 months, at this home's 1,690 sq ft.

Step 2 · The Director's Ratio

52.95%

The state's official measure of how far Berkeley assessments sit below market value — republished every October, applied town-wide. A $404,936 home should be assessed near $214,414.

Step 3 · Assessed value

$196,100

Set at the last town-wide revaluation and mostly frozen since. That's $18,314 below what the ratio math suggests (8.5%).

Step 4 · The tax rate — same for every Berkeley home

$2.590 per $100 assessed

$1.213 Schools · 47% $0.582 County · 22% $0.795 Town · 31%

Step 5 · The bill

$5,079/yr
Public schools$2,379
Ocean County$1,141
Town of Berkeley$1,559
Berkeley average$5,442

This home vs. every recent Berkeley sale · assessed ÷ market

Town median 46.3%
This home · 48.4%

30%68%

Paying about right

This home's ratio lands inside Berkeley's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
37 BUTLER AVE2026-03$415,0001,73247.3%
96 SANDPIPER DR2026-01$390,0001,72651.4%
187 PRINCE CHARLES DR2025-08$380,0001,74914.3%
1 CARDIGAN DR2025-07$445,0001,61542.0%
30 CHUTNEY ST2025-12$470,0001,72435.7%
91 WESTPORT DR2026-02$385,0001,72443.0%
156 PRINCE CHARLES DR2025-11$372,1001,61549.9%
32 LAMBERT WAY2025-02$345,0001,61553.9%
154 PRINCE CHARLES DR2025-10$398,0001,61547.0%
127 SYLVAN LAKE BLVD2025-08$439,0001,72644.9%
122 WESTPORT DR2025-10$425,0001,60336.9%
32 TOPPINGLIFT DR2026-01$619,8881,71065.3%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →